# Sands Anderson PC 401(k) Plan
Source: https://planprovider.pro/companies/sands-anderson-pc-401k-plan

> Sands Anderson PC&#39;s 401(k) plan: 134 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Sands Anderson PC

- **Sponsor EIN:** 541175852

- **Sponsor Address:** 919 EAST MAIN ST. SUITE 2300, RICHMOND, VA, 23219

- **Plan Type:** 401(k)

- **Total Participants:** 134

- **Total Assets:** $51.1M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **Participant Loans:** No

- **Participant-Directed Investments:** Yes

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|134|$51.1M|$836,563|$1.8M|

| 2023|125|$45.7M|$749,411|$1.6M|

| 2022|127|$37.6M|$669,874|$1.5M|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| WELLS FARGO ADVISORS LLC|INVESTMENT ADVISOR|$99,634|—|$99,634|

| MEADOWS URQUHART ACREE & COOK,|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [MEADOWS URQUHART ACREE & COOK,](https://planprovider.pro/provider/meadows-urquhart-acree-and-cook-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $99,634

- **Estimated Expense Ratio:** 0.195% of plan assets

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$102,873|$99,635|—|—|—|

| 2023|$84,124|$81,553|—|—|—|

| 2022|$94,488|—|$94,488|—|—|

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